Saudi Arabia

January 15, 2004

02:00 GMT

Royal Caribbean Cruises Arabia reported a 118 percent increase in gross revenue sales for 2003 compared to the previous year. The company attributes the positive results to their deployment of cruisin

02:00 GMT

Tunisian Ambassador to the United Arab Emirates (UAE) Mohamed Nejib Hachana and the Director of the Tunisian Trade Office in Dubai, Mohamed Ali Hasni visited the Director General of the Dubai Chamber

02:00 GMT

Riyad Bank achieved a 12.4 percent net profit increase in 2003 with earnings reaching 1.59 billion Saudi riyals ($423.9 million) compared to SR 1.4 million in 2002. The bank’s return on equity grew fr

02:00 GMT

The Bahrain Monetary Agency has granted a license to Saudi Arabia’s National Commercial Bank and Germany’s FWU to establish an Islamic insurance firm. Al-Ahli Takaful will have a paid up capital of on

02:00 GMT

The US Senate Finance Committee has asked the Internal Revenue Service for its records on more than two-dozen Muslim charities and organizations as part of an investigation into possible links between

02:00 GMT

The Management Committee of the Al-Aqsa and Al-Quds Funds has endorsed an allocation of $20 million to finance educational, health and water supply projects for West Bank and Gaza residents affected b

02:00 GMT

Saudi Refining (SRI), an affiliate of the Saudi Arabian Oil Company (Saudi Aramco), and Shell Oil Products US have reported that their Motiva Enterprises (Motiva) joint venture has signed a letter of

January 14, 2004

02:00 GMT

As many as 335,000 pilgrims arrived in Saudi Arabia until Tuesday evening to perform this year's Hajj. Out of this number, 120,000 pilgrims have alrea

02:00 GMT

The Yemeni cabinet approved on Tuesday its 2004 program, which includes detailed plans for all ministries and concerned bodies on local and central le

02:00 GMT

Human Rights Watch said US troops had violated international rules of war by destroying civilian houses that were the suspected homes of Iraqi fighter

02:00 GMT

Egyptian actress Eman Tukhi has announced to resign from her acting career wanting to abandon the entertainment world for good

02:00 GMT

Saudi Aramco will hold the official inauguration of its Haradh Natural Gas and Oil Development Project on January 18, 2004.  The recently completed mega-project consists of a gas plant capable of deli

02:00 GMT

Ex-CEO of Al-Tawfeek Company for Investment Funds and Al-Amin Bank Saleh Malaikah has announced the launch of a new bank registered as an offshore Shari'a compliant institution in Labuan, Malaysia.

02:00 GMT

The UK’s <i>Mail on Sunday</i> newspaper has agreed to pay substantial libel damages to Saudi businessman Sheikh Khalid Bin Mahfouz, over an article published in 2002, which suggested that he was the

January 13, 2004

02:00 GMT

Israeli authorities prevented 386 pilgrims from the Gaza Strip from traveling to Saudi Arabia for the Hajj through the Rafah Terminal on the Egyptian